The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Linedata Launches Latest Version of Linedata Mfact with Web Access to All Fund Accounting Information

Linedata, the global solutions provider dedicated to the investment management and credit industry, today announced the latest release of Linedata Mfact, its fund accounting solution for fund administrators, banks and trust companies, mutual funds and pension funds.

With over 20 years of providing reliable, accurate and cost efficient technology, users of Linedata Mfact achieve operating efficiencies by simplifying their workflows and accounting controls. Offering comprehensive instrument coverage, flexible data interfacing, reconciliation and reporting capabilities, Linedata Mfact provides firms with the back office depth they require.

“Our client base is increasingly looking to offer value added services for their clients. Web based client reporting is no longer a differentiator; it is required for global administrators,” says Peter Muldoon, executive vice president of Linedata’s back office products. “This latest release enhances our integration with Linedata Reporting with the reports valued by administrators and their clients. It extends our integrated solution set which also includes Linedata Mfact integration with Linedata Compliance.”

Upgraded with advanced reporting capabilities, Linedata Mfact is now integrated with Linedata Reporting, the most intuitive and robust web-based reporting solution in the market. With the new release, Linedata Mfact provides a web-based communication tool to distribute accounting reports and to quickly satisfy their clients’ ad-hoc portfolio and general ledger report requests.

“In addition to being a comprehensive solution that handles full portfolio accounting capabilities, general ledger reporting, complex securities handling and regulatory compliance and reporting, Linedata Mfact now provides users with web-based access to their fund accounting information,” said Peter Muldoon. “The accountants’ need for control and accuracy of the data was the highest priority set forth in our integration design plans. Linedata Mfact offers that flexibility and accuracy.”

With this integration, reports generated through Linedata Reporting call Linedata Mfact report business logic directly. Users can easily build their own reports using familiar data from Linedata Mfact reports rather than writing their own logic against the Linedata Mfact data tables. Linedata Reporting offers the swift convenience of a web-based tool, coupled with an integration design that ensures strong accounting control. This combination therefore offers the scalability an administrator needs to grow their business efficiently and cost-effectively.

In addition to its integration with Linedata Reporting, this latest version of Linedata Mfact includes other enhancements including changes to ease the burden of quarterly financial reporting and enhanced security access and password logic.

Related content

WEBINAR

Upcoming Webinar: Managing unstructured data to ensure regulatory compliance and add value

Date: 2 November 2021 Time: 11:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes As unstructured data floods into capital markets in the wake of traditional structured data, firms must manage both data types and ensure ease of access to extract data required for regulatory compliance efficiently and effectively. Beyond compliance, firms can...

BLOG

SIX Survey Shows Shortfall in Automated Corporate Actions Processing

Corporate actions continue to be processed manually despite the need for automation to meet industry demand for near real-time delivery of the data, reduced operating costs and improved regulatory compliance. A survey by SIX – its second annual survey on corporate actions that was carried out between March and May 2021 among global asset managers,...

EVENT

Data Management Summit USA Virtual

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...